Hebrew Home of Greater Washington Inc

Analysis

Hebrew Home of Greater Washington Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hebrew Home of Greater Washington Inc reported income of $68.0m and spending of $71.6m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $73.8m to $68.0m (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hebrew Home of Greater Washington Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Saint Agnes Medical Foundation ($68.0m), Ascension Living Bethlehem Woods Village ($68.1m) and Unity Healthcare ($68.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $1.9m (2.6% of expenses). Other salaries and wages came to $36.2m. It paid $117k in professional fundraising fees. At year end it held assets of $264.1m against liabilities of $21.7m, net assets of $242.3m. It reported 805 employees.